“十五五”首提航天强国，航空航天ETF（159227）同类规模最大，中国卫星领涨

Core Viewpoint - The A-share market indices collectively rose, with the Shanghai Composite Index approaching 4000 points, driven by the aerospace and defense sector's performance, particularly the aerospace ETF which saw significant inflows and growth in its constituent stocks [1] Group 1: Market Performance - The Shanghai Composite Index experienced a notable afternoon rally, nearing the 4000-point mark [1] - The aerospace ETF (159227) recorded a 0.26% increase, with a trading volume of 210 million yuan, leading its category [1] - The ETF has attracted a total of 200 million yuan in net inflows over the past six trading days, reaching a new high of over 1.51 billion yuan in total assets [1] Group 2: Sector Insights - The aerospace ETF focuses on national defense and has a high concentration of military-related stocks, with 98.2% of its holdings in the aerospace and defense sector [1] - Key stocks within the ETF, such as China Satellite, saw gains exceeding 5%, along with other companies like Tianao Electronics and Huaneng Technology [1] - The recent announcement from the Fourth Plenary Session included "building a strong aerospace nation" as a goal for the 14th Five-Year Plan, indicating a clear development path for the satellite internet industry [1] Group 3: Technological Developments - The use of commercial space launch sites and advancements in reusable rocket technology are expected to significantly reduce launch costs and enhance capacity [1] - Breakthroughs in direct satellite connectivity for mobile phones present a vast and enduring demand potential [1] - The ETF tracks the National Aerospace Index, covering critical industry segments such as aerospace equipment, satellite navigation, and new materials [1]